Former used-car retailer Vroom agreed to pay $1 million to settle claims levied by the Federal Trade Commission that it misrepresented inspection work done on vehicles it sold, failed to offer ...

Vroom, an online used car retailer, has announced it is closing its virtual doors. In an announcement, the company said it is discontinuing its e-commerce operations and ending its used car business ...

PHOENIX (3TV/CBS 5) — The company Vroom helped lead the way when it comes to buying cars online but it has not abruptly closed up shop. You’ve no doubt seen this TV commercial before. “Hi, buying a ...

Online used-vehicle retailer Vroom Inc. said Monday it plans to wind down its e-commerce operations, citing a need to preserve liquidity. The company will suspend used-vehicle transactions through ...

The Federal Trade Commission said late Tuesday that it took enforcement actions against Vroom for misrepresenting that the retailer thoroughly examined all vehicles before listing them for sale. The ...

Vroom, the former used car sales website which halted vehicle sales in January 2024, has agreed to a proposed settlement with the FTC over allegations the company misrepresented that it had examined ...

Used car dealers don’t have the best reputation and that extends to the online variety as well. While issues with Carvana are widely known, this time it’s Vroom in the hot seat. The Federal Trade ...

Vroom said Monday it will cease ecommerce operations and is winding down its used-car retail business. Vroom also owns United Auto Credit Corp. auto finance company as well as analytics and digital ...

We've all seen them. Many of us have considered buying from them: those shady-looking used car dealerships protected by chain-link fences that line downtown streets and shabby suburban avenues. "Sure, ...

Vroom Inc., once valued at a heady $2.5 billion, said Monday it is winding down its online used-car sales business in order to preserve liquidity, as its market cap has dwindled to less than $100 ...

Vroom is an online used car dealer with an innovative 'door-to-door' business model. The company's business model is structurally flawed as it incurs thousands of dollars in transportation costs that ...

President Trump's 25% tariff on foreign cars prompted NJ residents to buy in advance of Thursday's deadline. But dealers fear pace will slow.